The 614 for Linden represents a $25 million investment into the Linden neighborhood. The Collaborative seeks to comprehensively invest in Linden as a means to catalyze additional investment. In 2019, The 614 for Linden was awarded a three-year, $5 million grant from JPMorgan Chase’s Partnerships for Raising Opportunity in Neighborhoods (PRO Neighborhoods) program. A summary of the goals and metrics outlined in the application follows.

Stabilize & Expand Housing Options

Stable housing is foundational to community success; The 614 places a substantial focus on affordable housing and rapid rehousing programming.

Goals:

Develop a Linden housing loan pool of approximately $20 Million to finance the acquisition, rehabilitation, and/or construction of affordable housing units
Target loan funds to preserve or create approximately 500 affordable housing units for individuals and families who earn less than 80% of the area’s median income
Provide rapid rehousing services for up to 200 individuals experiencing or near homelessness

Living-wage employment opportunities and locally-accessible services and amenities are critical ingredients to a thriving neighborhood.

Goals:

Offer consulting, technical assistance, and other resources to 80 small businesses, including providing 45 microloans to local entrepreneurs starting or expanding an operation
Create around 100 full-time jobs, as a result of neighborhood investment and new businesses

Concerted investment efforts are integral for creating an opportunity-rich neighborhood for existing Linden residents.

Goals:

Develop two commercial facilities and one community facility that spurs additional neighborhood investment

Healthy food access and improvements to health outcomes are high priorities for Linden.

Goals:

Focus on “wraparound” health services, particularly prenatal and maternal programs
Provide funds to create or attract one or more businesses to provide healthy food access